Eco Green Energy is building a 1 GW panel factory in the Jiangsu Province. Longi announced higher wafer prices for April.
Xinte Energy has secured a supply contract for 152,400 metric tons of polysilicon. Talesun and Longi are both expanding their respective cell capacities by 5 GW.
PV Infolink reported a considerable increase in prices for polysilicon and wafer prices for last week. Both products saw their average price increase by over 9% compared to the previous week.
Goodwe and Irico have both announced rising revenue and profits for the fiscal year 2020. Zhonghuan Semiconductor intends to produce thinner wafers to respond to increasing polyisilicon prices. The southwestern province of Yunnan wants to add another 15 GW of clean energy to its power generation mix.
Jinko Solar secured another 338 million square meters of PV glass from Flat Glass. Tongwei and Trina Solar have left the monocrystalline wafer production joint venture they set up with Longi.
Flat Glass has activated two new glass furnaces that will bring its total production capacity to 8,600 MT per day. JinkoSolar has secured 20 GW of orders for its 182mm-wafer-based modules.
China’s National Energy Administration expects renewables to represent 40% of the nation’s energy consumption by 2030, and proposed new targets for local and regional government authorities. On the manufacturing side, Tongwei and JinkoSolar announced plans to deepen their strategic cooperation, and Huadian Group has launched its first tender this year for 7GW each of modules and inverters.
Zhonghuan and Longi raised the prices of their wafers before the Chinese New Year holiday. Longi also secured more polysilicon and glass through two different orders, with OCI Group and Flat Glass, respectively.
Wuxi Autowell has begun construction on its 50 GW wafer factory in Guangdong province and Longi and Wuxi Shangji Automation have announced new supply deals. GCL-Poly has announced it will raise the production capacity of its factory in Jiangsu from 6,000 to 10,000 metric tons – despite the company suffering a cross-default at the weekend.
Module maker Risen has agreed to buy 34 GW of solar glass from Flat Glass Group (FGG). Both Trina and Goodwee announced strong profit growth for 2020.
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